AUTO POLICY: Govt Assures Local Industries of Support

AUTO POLICY: Govt Assures Local Industries of Support

Vice President Yemi Osinbajo, has assured the local vehicle industries that the new administration will always take a responsible decision that will promote and protect the local industries.

He gave the assurance when he received the management of PAN Nigeria Limited when they paid him a congratulatory visit in his office, at Presidential Villa Abuja , a statement from PAN said.

The vice president expressed delight with the interest generated by the Federal Government’s National Automotive Development Policy (NADP) which so far has attracted about 15 automobile plants into the country.

“Peugeot has an advantage over all the assembled plant in Nigeria, because you started the assembly plant with government many years ago.” The Vice President stated, assuring PAN Nigeria the support of the new administration, under the leadership of President Muhammadu Buhari. He expressed his pleasure with the quality, standard and beauty of the Peugeot vehicles now on offer to customers.

The vice president however added that Nigerians resort to imported cars, either new or ‘tokumbo’ because they believe that these cars are cheaper.

Reacting, the Managing Director, PAN Nigeria Limited, Mr. Ibrahim Boyi congratulated the vice president on their election and successful inauguration. He assured the vice president of the company’s support and prayers for the new administration to succeed.

Source: Daily Trust

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